CNMC Goldmine Holdings Limited (SG:5TP) has released an update.
CNMC Goldmine Holdings Limited has announced an updated estimation of Mineral Resources and Ore Reserves for their Sokor Project in Malaysia, revealing a total of 880,000 ounces of gold for CIL processing and 38,000 ounces for flotation processing. The report also indicates an increase in silver resources and a higher confidence in the lead and zinc estimates. Despite a reduction in lead and zinc quantities, the conversion of Inferred to Indicated Mineral Resources represents a more confident classification.
For further insights into SG:5TP stock, check out TipRanks’ Stock Analysis page.
